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2023
Flag → Flag
Exports $9.95MRnk 158 / 221
2023
Flag → Flag
Top Product $5.59MCoffee and Tea Extracts
2023
Flag → Flag
Exports $711kRnk 43 / 99
2023
Flag → Flag
Top Product $700kCentrifuges
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Malaysia-Turkmenistan Trade: In 2023, Malaysia exported $9.95M to Turkmenistan. The main products that Malaysia exported to Turkmenistan were Coffee and Tea Extracts ($5.59M), Other Vegetable Oils ($752k), and Unsaturated Acyclic Monocarboxylic Acids ($690k). Over the past 5 years the exports of Malaysia to Turkmenistan have increased at an annualized rate of 1.81%, from $9.09M in 2018 to $9.95M in 2023.

In 2023, Malaysia did not export any services to Turkmenistan.

Turkmenistan-Malaysia Trade: In 2023, Turkmenistan exported $711k to Malaysia. The main products that Turkmenistan exported to Malaysia were Centrifuges ($700k), Knit Women's Suits ($3.92k), and Carbon ($3.59k). Over the past 5 years the exports of Turkmenistan to Malaysia have decreased at an annualized rate of 24%,  from $2.8M in 2018 to $711k in 2023.

In 2023, Turkmenistan did not export any services to Malaysia.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR5.2M and imported MYR631k from Turkmenistan, resulting in a positive trade balance of MYR4.57M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-241k (-4.42%) from MYR5.44M to MYR5.2M, while imports increased by MYR619k (5.46k%) from MYR11.3k to MYR631k.

Trade In November 2024, the top exports of Malaysia to Turkmenistan were Computers (MYR1.21M), Dental Products (MYR266k), Other Vegetable Oils (MYR151k), Telephones (MYR10.9k), and Brochures (MYR1.05k). In November 2024 the top imports of Malaysia from Turkmenistan were Knit Women's Suits (MYR4.61k) and Carbon (MYR4.09k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in . In November 2024, the increase in Malaysia's year-by-year imports  from Turkmenistan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-241k(-4.42%)
IMPORT GROWTH (November 2023 - November 2024)MYR619k(5.46k%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Turkmenistan and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkmenistan and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $9.95M to Turkmenistan. The main products exported from Malaysia to Turkmenistan were Coffee and Tea Extracts ($5.59M), Other Vegetable Oils ($752k), and Unsaturated Acyclic Monocarboxylic Acids ($690k). During the last 5 years the exports of Malaysia to Turkmenistan have increased at an annualized rate of 1.81%, from $9.09M in 2018 to $9.95M in 2023.

In 2018, Turkmenistan exported $711k to Malaysia. The main products exported from Turkmenistan to Malaysia were Centrifuges ($700k), Knit Women's Suits ($3.92k), and Carbon ($3.59k). During the last 5 years the exports of Turkmenistan to Malaysia have decreased at an annualized rate of 24%, from $2.8M in 2023 to $711k in 2018.

Exports from Malaysia (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Turkmenistan
Top DestinationChina$9.63B

This map shows whether countries import more from Malaysia or Turkmenistan. Each country is colored based on the difference in imports they receive from Malaysia and Turkmenistan or the difference in the growth in imports.

In 2023, countries that imported more from Malaysia than Turkmenistan included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from Turkmenistan than Malaysia included Greece ($1.03B), Uzbekistan ($950M), and Azerbaijan ($687M).

Difference in imports from Turkmenistan (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Turkmenistan

Flow
Scale

This chart compares trade between Malaysia and Turkmenistan by product, considering products traded by both, Malaysia and Turkmenistan.

During 2023, Malaysia had a large net trade with Turkmenistan in the exports of Foodstuffs ($5.8M), Machines ($1.66M), and Animal and Vegetable Bi-Products ($1.21M).

During 2018, Turkmenistan had a large net trade with Malaysia in the exports of Machines ($701k), Textiles ($4.04k), and Chemical Products ($3.59k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malaysia and Turkmenistan. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Turkmenistan. Similarly, a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Turkmenistan (Flag) (2023)

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